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Sector Update: Tech
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Sector Update: Tech
Apr 16, 2024 6:25 AM

08:53 AM EDT, 04/16/2024 (MT Newswires) -- Technology stocks were steady premarket Tuesday, with the Technology Select Sector SPDR Fund (XLK) inactive and the Technology Select Sector SPDR Fund (XLK) marginally lower recently.

Ericsson (ERIC) was over 6% higher after it reported Q1 earnings of 0.77 Swedish krona ($0.07) per diluted share, up from 0.45 krona a year earlier. Analysts polled by Capital IQ expected 0.20 krona.

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